Selected Bibliography for Nancy Stokey

Frederick Henry Prince Distinguished Service Professor in Economics and the College

Home page of Nancy Stokey



Published Works  

"Wait-and-See: Investment Options under Policy Uncertainty." Nancy L. Stokey; Review of Economic Dynamics, 2016, 21, pp. 246-65.

http://dx.doi.org/10.1016/j.red.2015.06.001

"Catching up and Falling Behind." Nancy L. Stokey; Journal of Economic Growth, 2015, 20(1), pp. 1-36.

http://dx.doi.org/10.1007/s10887-014-9110-z

"Liquidity Crises." Robert E. Lucas, Jr. and Nancy L. Stokey; The Region, 2011, 25(2), pp. 6-6-15.
http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=4670

"Smart Solutions to Climate Change: Expert Panel Ranking," Nancy L. Stokey, Vernon L. Smith, Thomas C. Schelling, Finn E. Kydland and Jagdish N. Bhagwati, in B. Lomborg: Smart Solutions to Climate Change: Comparing Costs and Benefits.Cambridge and New York: Cambridge University Press, 2010, pp. 381-93

"Introduction to Dynamic General Equilibrium." Lee E. Ohanian, Edward C. Prescott and Nancy L. Stokey; Journal of Economic Theory, 2009, 144(6), pp. 2235-46.
http://dx.doi.org/10.1016/j.jet.2009.09.001


The Economics of Inaction : Stochastic Control Models with Fixed Costs; 
Nancy L. Stokey; Princeton: Princeton University Press, 2009

"Moving Costs, Nondurable Consumption and Portfolio Choice." Nancy L. Stokey; Journal of Economic Theory, 2009, 144(6), pp. 2419-39.
http://dx.doi.org/10.1016/j.jet.2009.10.008

"A Two-Person Game of Information Transmission." Jerry R. Green and Nancy L. Stokey; Journal of Economic Theory, 2007, 135(1), pp. 90-104.
http://dx.doi.org/10.1016/j.jet.2003.08.007

"Giving Aid Effectively." Nancy L. Stokey; The Region, 2006, 20(1), pp. 5.
http://www.minneapolisfed.org/pubs/region/06-05/essay.cfm

"Excerpts from "Ranking the Opportunities"*." Nancy L. Stokey; The Region, 2004, 18(4), pp. 30.
http://minneapolisfed.org/pubs/region/04-12/stokey.cfm

""Rules vs. Discretion" after Twenty Five Years." Nancy L Stokey; NBER Macroeconomics Annual, 2002, 17, pp. 9.
http://search.epnet.com/login.aspx?direct=true&db=bth&an=10798495

"A Quantitative Model of the British Industrial Revolution, 1780-1850." Nancy L. Stokey; Carnegie-Rochester Conference Series on Public Policy, 2001, 55, pp. 55-109.
http://dx.doi.org/10.1016/S0167-2231(01)80003-8

"Shirtsleeves to Shirtsleeves: The Economics of Social Mobility," Nancy L. Stokey, in D. P. Jacobs, E. Kalai and M. I. Kamien: Frontiers of Research in Economic Theory: The Nancy L. Schwartz Memorial Lectures, 1983-1997.Econometric Society Monographs, no. 29. Cambridge; New York and Melbourne: Cambridge University Press, 1998, pp. 210-41

"Are There Limits to Growth?" Nancy L. Stokey; International Economic Review, 1998, 39(1), pp. 1-31.
http://www.jstor.org/stable/2527228

"Dynamic Programming with Homogeneous Functions." Fernando Alvarez and Nancy L. Stokey; Journal of Economic Theory, 1998, 82(1), pp. 167-89.
http://dx.doi.org/10.1006/jeth.1998.2431

"Free Trade, Factor Returns, and Factor Accumulation." Nancy L. Stokey; Journal of Economic Growth, 1996, 1(4), pp. 421-47.

"R&D and Economic Growth." Nancy L. Stokey; Review of Economic Studies, 1995, 62(3), pp. 469-89.
http://www.jstor.org/stable/2298038

"Growth Effects of Flat-Rate Taxes." Nancy L. Stokey and Sergio Rebelo; Journal of Political Economy, 1995, 103(3), pp. 519-50.
http://www.jstor.org/stable/2138697

"Comments on Barro and Lee." Nancy L. Stokey; Carnegie-Rochester Conference Series on Public Policy, 1994, 40, pp. 47-57.
http://dx.doi.org/10.1016/0167-2231(94)90003-5

"Money and Interest in a Cash in Advance Economy: A Reply." Robert E. Lucas, Jr. and Nancy L. Stokey; Econometrica, 1992, 60(2), pp. 441-42.
http://www.jstor.org/stable/2951604

"Symposium on Economic Growth, Theory and Computations: Introduction." Larry E. Jones and Nancy L. Stokey; Journal of Economic Theory, 1992, 58(2), pp. 117-34.
http://dx.doi.org/10.1016/0022-0531(92)90050-R

"Credible Public Policy." Nancy L. Stokey; Journal of Economic Dynamics and Control, 1991, 15(4), pp. 627-56.
http://dx.doi.org/10.1016/0165-1889(91)90036-Z

"Human Capital, Product Quality, and Growth." Nancy L. Stokey; Quarterly Journal of Economics, 1991, 106(2), pp. 587-616.
http://www.jstor.org/stable/2937948

"The Volume and Composition of Trade between Rich and Poor Countries." Nancy L. Stokey; Review of Economic Studies, 1991, 58(1), pp. 63-80.
http://www.jstor.org/stable/2298045

"Reputation and Time Consistency." Nancy L. Stokey; American Economic Review, 1989, 79(2), pp. 134-39.
http://www.jstor.org/stable/1827745

Recursive Methods in Economic Dynamics; Nancy L. Stokey and Robert E. Lucas, Jr.; Cambridge, Mass. and London: Harvard University Press, 1989

"Learning by Doing and the Introduction of New Goods." Nancy L. Stokey; Journal of Political Economy, 1988, 96(4), pp. 701-17.
http://www.jstor.org/stable/1830470

"La Monnaie Et L'interet Sous Contrainte de Transaction (Money and Interest in a Cash-in-Advance Economy with English Summary )." Robert E. Lucas, Jr. and Nancy L. Stokey; Annales d'Economie et de Statistique, 1987, (8), pp. 1-26.

"Money and Interest in a Cash-in-Advance Economy." Robert E. Lucas, Jr. and Nancy L. Stokey; Econometrica: Journal of the Econometric Society, 1987, 55(3), pp. 491-513.
http://www.jstor.org/stable/1913597

"The Dynamics of Industrywide Learning," Nancy L. Stokey, in W. P. Heller, R. M. Starr and D. A. Starrett: Essays in Honor of Kenneth J. Arrow.Cambridge; New York and Sydney: Cambridge University Press, 1986, pp. 81-104

"Oligopoly Extraction of a Common Property Natural Resource: The Importance of the Period of Commitment in Dynamic Games." Jennifer F. Reinganum and Nancy L. Stokey; International Economic Review, 1985, 26(1), pp. 161-73.
http://www.jstor.org/stable/2526532

"Optimal Growth with Many Consumers." Robert E. Lucas, Jr. and Nancy L. Stokey; Journal of Economic Theory, 1984, 32(1), pp. 139-71.
http://dx.doi.org/10.1016/0022-0531(84)90079-6

"A Comparison of Tournaments and Contracts." Jerry R. Green and Nancy L. Stokey; Journal of Political Economy, 1983, 91(3), pp. 349-64.
http://www.jstor.org/stable/1837093

"Optimal Fiscal and Monetary Policy in an Economy without Capital." Robert E. Lucas, Jr. and Nancy L. Stokey; Journal of Monetary Economics, 1983, 12(1), pp. 55-93.
http://dx.doi.org/10.1016/0304-3932(83)90049-1

"Information, Trade and Common Knowledge." Paul Milgrom and Nancy L. Stokey; Journal of Economic Theory, 1982, 26(1), pp. 17-27.
http://dx.doi.org/10.1016/0022-0531(82)90046-1

"Rational Expectations and Durable Goods Pricing." Nancy L. Stokey; The Bell Journal of Economics, 1981, 12(1), pp. 112-28.
http://www.jstor.org/stable/3003511

"Job Differentiation and Wages." Nancy L. Stokey; Quarterly Journal of Economics, 1980, 95(3), pp. 431-49.
http://www.jstor.org/stable/1885087

"A Life-Cycle Model of the Linear Income Tax." Nancy L. Stokey; Review of Economic Studies, 1980, 47(4), pp. 777-85.
http://www.jstor.org/stable/2296943

"Intertemporal Price Discrimination." Nancy L. Stokey; Quarterly Journal of Economics, 1979, 93(3), pp. 355-71.
http://www.jstor.org/stable/1883163

Life-Cycle Decision-Making and the Theory of Fiscal Policy;Nancy L. Stokey; Ph.D Dissertation, Harvard University, 1978.

Working Papers  

A Note on Dynamic Programming with Homogeneous Functions; Nancy L. Stokey; Discussion paper no. 109; Minneapolis: Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis, 1996.
http://minneapolisfed.org/research/DP/DP109.pdf

NAFTA and Mexican Development; Nancy L. Stokey; Discussion paper no. 108; Minneapolis, Minn.: Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis, 1996.
http://minneapolisfed.org/research/DP/DP108.pdf

Growth Effects of Flat-Rate Taxes; Nancy L. Stokey and Sergio Rebelo; NBER working paper series no. 4426.; Cambridge: National Bureau of Economic Research, 1993.
http://papers.nber.org/papers/4426

Human Capital, Product Quality, and Growth; Nancy L. Stokey; NBER working paper series no. 3413.; Cambridge: National Bureau of Economic Research, 1990.
http://papers.nber.org/papers/3413

Money and Interest in a Cash-in-Advance Economy; Robert E. Lucas, Jr. and Nancy L. Stokey; NBER working paper series no. 1618.; Cambridge: National Bureau of Economic Research, 1985.
http://papers.nber.org/papers/1618

A Comparison of Tournaments and Contracts; Jerry R. Green and Nancy L. Stokey; NBER Working Paper Series no. 840.; Cambridge, Mass.: National Bureau of Economic Research, 1982.
http://papers.nber.org/papers/w0840

The Value of Information in the Delegation Problem; Jerry R. Green and Nancy L. Stokey; Discussion paper no. 776; Cambridge: Harvard Institute of Economic Research, 1980.
http://www.people.hbs.edu/jgreen/value_information_delegation_problem.pdf

A Two-Person Game of Information Transmission; Jerry R. Green and Nancy L. Stokey; Discussion Paper no. 751; Cambridge, MA: Harvard Institute of Economic Research, 1980.
http://www.people.hbs.edu/jgreen/two_person_game_info_transmission.pdf

Two Representations of Information Structures and Their Comparisons; Jerry Richard Green and Nancy L. Stokey; Technical report no. 271 : Economics series.; Stanford: Institute for Mathematical Studies in the Social Sciences, Stanford University, 1978.
http://www.people.hbs.edu/jgreen/two_reps_info_structures_comparisons.pdf

 

"Liquidity Crises." Robert E. Lucas, Jr. and Nancy L. Stokey; The Region, 2011, 25(2), pp. 6-6-15.
http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=4670

"Smart Solutions to Climate Change: Expert Panel Ranking," Nancy L. Stokey, Vernon L. Smith, Thomas C. Schelling, Finn E. Kydland and Jagdish N. Bhagwati, in B. Lomborg: Smart Solutions to Climate Change: Comparing Costs and Benefits. Cambridge and New York: Cambridge University Press, 2010, pp. 381-93


"Introduction to Dynamic General Equilibrium." Lee E. Ohanian, Edward C. Prescott and Nancy L. Stokey; Journal of Economic Theory, 2009, 144(6), pp. 2235-46.
http://dx.doi.org/10.1016/j.jet.2009.09.001

The Economics of Inaction : Stochastic Control Models with Fixed Costs; Nancy L. Stokey; Princeton: Princeton University Press, 2009


"Moving Costs, Nondurable Consumption and Portfolio Choice." Nancy L. Stokey; Journal of Economic Theory, 2009, 144(6), pp. 2419-39.
http://dx.doi.org/10.1016/j.jet.2009.10.008

"A Two-Person Game of Information Transmission." Jerry R. Green and Nancy L. Stokey; Journal of Economic Theory, 2007, 135(1), pp. 90-104.
http://dx.doi.org/10.1016/j.jet.2003.08.007

"Giving Aid Effectively." Nancy L. Stokey; The Region, 2006, 20(1), pp. 5.
http://www.minneapolisfed.org/pubs/region/06-05/essay.cfm

"Excerpts from "Ranking the Opportunities"*." Nancy L. Stokey; The Region, 2004, 18(4), pp. 30.
http://minneapolisfed.org/pubs/region/04-12/stokey.cfm

""Rules vs. Discretion" after Twenty Five Years." Nancy L Stokey; NBER Macroeconomics Annual, 2002, 17, pp. 9.
http://search.epnet.com/login.aspx?direct=true&db=bth&an=10798495

"A Quantitative Model of the British Industrial Revolution, 1780-1850." Nancy L. Stokey; Carnegie-Rochester Conference Series on Public Policy, 2001, 55, pp. 55-109.
http://dx.doi.org/10.1016/S0167-2231(01)80003-8

"The Econometric Society Annual Reports, 1999: Report of the Editors 1998-1999." Richard Blundell, Drew Fudenberg, Alain Monfort, Andrew Postlewaite and Nancy L. Stokey; Econometrica, 2000, 68(1), pp. 185.
http://www.jstor.org/stable/2999484

"The Econometric Society Annual Reports, Report of the Editors, 1997-98." Richard Blundell, Drew Fudenberg, Alain Monfort, Andrew Postlewaite and Nancy L. Stokey; Econometrica, 1999, 67(1), pp. 210.
http://www.jstor.org/stable/2999504

"Report of the Editors, 1996-1997." David Card, Drew Fudenberg, Alain Monfort and Nancy L. Stokey; Econometrica, 1998, 66(1), pp. 202.
http://www.jstor.org/stable/2998550

"Shirtsleeves to Shirtsleeves: The Economics of Social Mobility," Nancy L. Stokey, in D. P. Jacobs, E. Kalai and M. I. Kamien: Frontiers of Research in Economic Theory: The Nancy L. Schwartz Memorial Lectures, 1983-1997. Econometric Society Monographs, no. 29. Cambridge; New York and Melbourne: Cambridge University Press, 1998, pp. 210-41


"Are There Limits to Growth?" Nancy L. Stokey; International Economic Review, 1998, 39(1), pp. 1-31.
http://www.jstor.org/stable/2527228

"Dynamic Programming with Homogeneous Functions." Fernando Alvarez and Nancy L. Stokey; Journal of Economic Theory, 1998, 82(1), pp. 167-89.
http://dx.doi.org/10.1006/jeth.1998.2431

"Free Trade, Factor Returns, and Factor Accumulation." Nancy L. Stokey; Journal of Economic Growth, 1996, 1(4), pp. 421-47.


"R&D and Economic Growth." Nancy L. Stokey; Review of Economic Studies, 1995, 62(3), pp. 469-89.
http://www.jstor.org/stable/2298038

"Growth Effects of Flat-Rate Taxes." Nancy L. Stokey and Sergio Rebelo; Journal of Political Economy, 1995, 103(3), pp. 519-50.
http://www.jstor.org/stable/2138697

"Comments on Barro and Lee." Nancy L. Stokey; Carnegie-Rochester Conference Series on Public Policy, 1994, 40, pp. 47-57.
http://dx.doi.org/10.1016/0167-2231(94)90003-5

"Money and Interest in a Cash in Advance Economy: A Reply." Robert E. Lucas, Jr. and Nancy L. Stokey; Econometrica, 1992, 60(2), pp. 441-42.
http://www.jstor.org/stable/2951604

"Symposium on Economic Growth, Theory and Computations: Introduction." Larry E. Jones and Nancy L. Stokey; Journal of Economic Theory, 1992, 58(2), pp. 117-34.
http://dx.doi.org/10.1016/0022-0531(92)90050-R

"Credible Public Policy." Nancy L. Stokey; Journal of Economic Dynamics and Control, 1991, 15(4), pp. 627-56.
http://dx.doi.org/10.1016/0165-1889(91)90036-Z

"Human Capital, Product Quality, and Growth." Nancy L. Stokey; Quarterly Journal of Economics, 1991, 106(2), pp. 587-616.
http://www.jstor.org/stable/2937948

"The Volume and Composition of Trade between Rich and Poor Countries." Nancy L. Stokey; Review of Economic Studies, 1991, 58(1), pp. 63-80.
http://www.jstor.org/stable/2298045

"Reputation and Time Consistency." Nancy L. Stokey; American Economic Review, 1989, 79(2), pp. 134-39.
http://www.jstor.org/stable/1827745

Recursive Methods in Economic Dynamics; Nancy L. Stokey and Robert E. Lucas, Jr.; Cambridge, Mass. and London: Harvard University Press, 1989


"Learning by Doing and the Introduction of New Goods." Nancy L. Stokey; Journal of Political Economy, 1988, 96(4), pp. 701-17.
http://www.jstor.org/stable/1830470

"La Monnaie Et L'interet Sous Contrainte de Transaction (Money and Interest in a Cash-in-Advance Economy with English Summary )." Robert E. Lucas, Jr. and Nancy L. Stokey; Annales d'Economie et de Statistique, 1987, (8), pp. 1-26.


"Money and Interest in a Cash-in-Advance Economy." Robert E. Lucas, Jr. and Nancy L. Stokey; Econometrica: Journal of the Econometric Society, 1987, 55(3), pp. 491-513.
http://www.jstor.org/stable/1913597

"The Dynamics of Industrywide Learning," Nancy L. Stokey, in W. P. Heller, R. M. Starr and D. A. Starrett: Essays in Honor of Kenneth J. Arrow. Cambridge; New York and Sydney: Cambridge University Press, 1986, pp. 81-104


"Oligopoly Extraction of a Common Property Natural Resource: The Importance of the Period of Commitment in Dynamic Games." Jennifer F. Reinganum and Nancy L. Stokey; International Economic Review, 1985, 26(1), pp. 161-73.
http://www.jstor.org/stable/2526532

"Optimal Growth with Many Consumers." Robert E. Lucas, Jr. and Nancy L. Stokey; Journal of Economic Theory, 1984, 32(1), pp. 139-71.
http://dx.doi.org/10.1016/0022-0531(84)90079-6

"A Comparison of Tournaments and Contracts." Jerry R. Green and Nancy L. Stokey; Journal of Political Economy, 1983, 91(3), pp. 349-64.
http://www.jstor.org/stable/1837093

"Optimal Fiscal and Monetary Policy in an Economy without Capital." Robert E. Lucas, Jr. and Nancy L. Stokey; Journal of Monetary Economics, 1983, 12(1), pp. 55-93.
http://dx.doi.org/10.1016/0304-3932(83)90049-1

"Information, Trade and Common Knowledge." Paul Milgrom and Nancy L. Stokey; Journal of Economic Theory, 1982, 26(1), pp. 17-27.
http://dx.doi.org/10.1016/0022-0531(82)90046-1

"Rational Expectations and Durable Goods Pricing." Nancy L. Stokey; The Bell Journal of Economics, 1981, 12(1), pp. 112-28.
http://www.jstor.org/stable/3003511

"Job Differentiation and Wages." Nancy L. Stokey; Quarterly Journal of Economics, 1980, 95(3), pp. 431-49.
http://www.jstor.org/stable/1885087

"A Life-Cycle Model of the Linear Income Tax." Nancy L. Stokey; Review of Economic Studies, 1980, 47(4), pp. 777-85.
http://www.jstor.org/stable/2296943

"Intertemporal Price Discrimination." Nancy L. Stokey; Quarterly Journal of Economics, 1979, 93(3), pp. 355-71.
http://www.jstor.org/stable/1883163

Life-Cycle Decision-Making and the Theory of Fiscal Policy; Nancy L. Stokey; Ph.D Dissertation, Harvard University, 1978.